Glossary - M
Mafi Trailer
Maiden Trip
Manifest
Manufacturers Plate
Manufacturing Process
Manufacturing Resource Planning
Marine Insurance Policy
Market Analysis
Marketing
Marks
Master Production Schedule
Mate's receipt
Material Management
Material Requirements Planning
M.C.O.
Means of Transport
Mechanically Refrigerated Container
Mechanic's Lien
Medical First Aid Guide
Memo Bill
Merchant
Merchant Haulage
Merchant Inspired Carrier Haulage
Meta-centric Height
M.F.A.G.
Mileage Proration
Minimum allowable working pressure
Minimum Charge
Minimum Inventory
Miscellaneous Charge Order
Mixed Consignment
Mode of Transport
Model
Movement Inventory
M.P.C.
M.P.S.
M.R.P.-I
M.R.P.-II
M.T.O./Carrier
Multi Purpose Carrier
Multi Purpose Vessel
Multi Transport Document
Multimodal Transport
Multimodal Transport Operator/Carrier
Mafi Trailer
German brand name of a roll trailer used for RoRo purposes.
Maiden Trip
First voyage of a vessel or aircraft after delivery from newbuilding to her owner(s).
Manifest
Document which lists the specifications of goods loaded in a means of transport or equipment for transportation purposes. As a rule cargo manifests are drawn up by the agents in the place of loading. Note: For shipping a manifest represents a cumulation of Bills of Lading for official and administrative purposes.
Manufacturers Plate
A plate indicating the name and address of the container manufacturer and particulars of the container.
Manufacturing Process
The producing of goods or wares by manual labor or machinery, often on a large scale and with devision of labor.
Manufacturing Resource Planning
Abbreviation: M.R.P.-II.
A method for the effective planning of a manufacturing company, being a direct out-growth and extension of
Marine Insurance Policy
Abbreviation: M.I.P.
An insurance policy protecting the insured against loss or damage to his goods occurred during transport.
Market Analysis
Systematic investigation of the growth and the composition of a market.
Marketing
The process of organizing and directing all the company activities which relate to determining the market demand and converting the customers buying power into an effective demand for a service and bringing that service to the customer.
Marks
See Shipping Marks.
Master Production Schedule
Abbreviation: M.P.S.
A timed plan in which the complex of activities, available personnel, working hours, (management) policy and goals are visualized and given concrete form to in such a way that beginning, end and intermediate period give a clearview of the process.
Mate's receipt
A document signed by the chief officer of a vessel acknowledging the receipt of a certain consignment on board of that vessel. On this document, remarks can be made as to the order and condition of the consignment.
Material Management
Control of the flow of materials up to the stock piling of the finished products made out of the materials.
Material Requirements Planning
Abbreviation: M.R.P.-I.
An inventory and purchasing planning system that integrates product components, lead times and deadlines.
M.C.O.
See Miscellaneous Charge Order.
Means of Transport
Type of vehicle used for the transport of goods, e.g. aircraft, truck, vessel.
Mechanically Refrigerated Container
Thermal container served by refrigerating appliance (mechanical compressor unit, absorption unit, etc.). Containers of this type have type code 31.
Mechanic's Lien
The legal enforceable claim which a person who has performed work or provided materials is permitted to make against title to the property or as a preferential person in the event the estate or business is liquidated.
Medical First Aid Guide
Abbreviation: M.F.A.G.
Instructions to be consulted in case of accidents involving dangerous goods.
Memo Bill
See Bill of Lading.
Merchant
Includes the shipper, holder of the Bill of Lading, Consignee, receiver of the goods, and person owning or entitled to possession of the goods or of the Bill of Lading, and anyone acting on behalf of any such person.
Merchant Haulage
Inland transport of shipping containers provided and paid by the shipper or receiver of goods rather than by the ocean carrier.
Merchant Inspired Carrier Haulage
Carrier haulage by a carrier, which is nominated by the shipper of receiver of the goods, but paid by the carrier.
Meta-centric Height
The distance between the centre of gravity of a vessel and a fictitious point. If the metra-centric height is zero or negative, the vessel will heel or capsize.
M.F.A.G.
Mileage Proration
Proration on the basis of the applicable local mileages (aircargo).
Minimum allowable working pressure
That pressure assigned for design by either a competent authority or other responsible person to a particular tank, above which that tank is not intended to be operated.
Minimum Charge
The lowest amount which applies to the transport of a consignment, irrespective of weight or volume (aircargo, shipping).
Minimum Inventory
The planned minimum allowable inventory for an independent demand item.
Miscellaneous Charge Order
Abbreviation: M.C.O.
A document issued by a carrier or his agent requesting the issue of an appropriate passenger ticket and baggage cheque or revision of services to the person named in such document (aircargo).
Mixed Consignment
A consignment of different commodities, articles or goods, packed or tied together or contained in separate packages (aircargo).
Mode of Transport
Method of transport used for the conveyance of goods, e.g. by rail, by road, by sea.
Model
A representation of a process or system that attempts to relate the most important variables in the system in such a way that analysis of the model leads to insights into the system.
Movement Inventory
The inventory during a production process caused by the time required to move goods from one place to another.
M.P.C.
M.P.S.
See Master Production Schedule.
M.R.P.-I
See Material Requirements Planning.
M.R.P.-II
See Manufacturing Resource Planning.
M.T.O./Carrier
See Multimodal Transport Operator/Carrier.
Multi Purpose Carrier
See Multi Purpose Vessel.
Multi Purpose Vessel
Vessel designed for the carriage of different types of cargo: general, bulk, heavy and/or containerised cargo. Synonym: Multi Purpose Carrier (M.P.C.).
Multi Transport Document
See Combined Transport Document.
Multimodal Transport
Multimodal Transport Operator/Carrier
Abbreviation: M.T.O./Carrier
The person on whose behalf the transport document or any document evidencing a contract of multimodal carriage of goods is issued and who is responsible for the carriage of goods persuant to the contract of carriage.